For Sale · Office

2643 OLD VICTORIA ROAD, London South (South U)

2643 OLD VICTORIA ROAD, London South (South U), ON N6M1B8

$8.8M total

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

93%

Lot Size

46.776 ac

About this property

ATTENTION INVESTORS! PRIME LOCATION Directly borders Bradley Ave and Old Victoria Road directly across from London's Innovation Park - 46-acre haven, strategically positioned near the 401 Exit and minutes from London's thriving communities. A prime opportunity for investors eyeing future development or crafting a dream country retreat. With dual road frontage along Old Victoria Road and Bradley Ave, this transcends a mere farm - an enclave of potential. Currently, 35 productive acres are rented and planted in a coverage crop. Nestled within this stunning property is approximately 9000 sq. ft. Residence radiating Timeless European Design, Excellent Craftsmanship, and High-End Finishes. Handcrafted solid Oak Doors, Crown Moldings, Trim, and Flooring grace every living space. Don't miss the opportunity to own this property located in the City of London. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8.75M
Down payment30% · $2.63M
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$40K

Projected NOI

$519K

Annual cash flow

$34K

Cash-on-cash

1.29%

DSCR

1.07

Going-in cap

5.93%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

68,435

Households

25,812

Median income

$118,500

Median age

31.2

Daytime population

78,888

5-yr growth

7.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2643 OLD VICTORIA ROAD, London South (South U).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.